Market Overview:
The global haying and forage machinery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hay and forage products, owing to their nutritional value. In addition, the increasing adoption of mechanized farming practices is also propelling the growth of this market. The global haying and forage machinery market can be segmented on the basis of type into mowers, conditioners, tedders, balers and others. The mowers segment is expected to hold a major share in this market due to their widespread use in farms across all regions. On the basis of application, this market can be divided into OEMs (original equipment manufacturers) and aftermarket segments.
Product Definition:
Haying and forage machinery includes machines that are used to produce hay or forage from crops. This type of equipment can include mowers, rakes, balers, and shredders. The machines are important because they help farmers to efficiently harvest hay and forage from their fields.
Mowers:
Mowers is a device used for cutting and clearing away the brush, grass and other growths from an area of land. The global mowers market is expected to witness significant growth over the forecast period owing to its ability to cut down on time consumed in raking and cleaning as well as its ability to reduce cost incurred in trimming trees, bushes & plants. Mowers are also referred by various names such as lawnmower, gardeners' friend or simply mower.
Conditioners:
Conditioners are additives that enhance the quality of hay and forage. They help in maintaining the moisture level, color, and nutritional value of products. Conditioners can be classified as organic or inorganic based on their chemical composition.
Inorganic conditioners include nitrogenous compounds (ammonium nitrate & urea), phosphates (such as monocalcium phosphate), sulfuric acid,.
Application Insights:
The OEMs segment held the largest market share in 2017. This is attributed to the extensive use of these machines by OEMs for mowing, harvesting and baling grass and other plants. The aftermarket segment is expected to grow at a significant rate over the forecast period owing to high product demand as haylage rations are being replaced with higher-quality products across several applications such as horse feed, dairy cows, bison and others.
In terms of revenue, dairy cow feeding was the largest application in 2017 followed by horses consuming it.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 4.6% over the forecast period, owing to increasing demand for hay and forage machinery from OEMs as well as aftermarket segments in countries such as the U.S., Canada, and Mexico.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 due to rapid development taking place in key economies such as China and India on account of rising disposable income coupled with government initiatives pertaining toward modernization of agriculture practices across these nations which will lead towards an increase in demand for balers over the coming years.
Growth Factors:
- Increasing demand for animal feed due to rising population and their increasing disposable incomes in developing countries is expected to drive the growth of the hay and forage machinery market over the forecast period.
- The increasing trend of using organic food is also anticipated to fuel the demand for hay and forage machinery in near future.
- Growing awareness about benefits of using hay and forage machinery among farmers is another key factor that would propel the growth of this market during forecast period.
- Introduction of new technologies in hay and forage harvesting equipment is projected to create new opportunities for players operating in this market over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Haying and Forage Machinery Market Research Report
By Type
Mowers, Conditioners, Tedders, Balers, Others
By Application
OEMs, Aftermarket
By Companies
AGCO, CLAAS, CNH Industrial, Deere, Pottinger Landtechnik, Buhler Industries, Iseki, Krone, Kubota, KUHN Group, AGCO, Lely, Vermeer
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Haying and Forage Machinery Market Report Segments:
The global Haying and Forage Machinery market is segmented on the basis of:
Types
Mowers, Conditioners, Tedders, Balers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEMs, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AGCO
- CLAAS
- CNH Industrial
- Deere
- Pottinger Landtechnik
- Buhler Industries
- Iseki
- Krone
- Kubota
- KUHN Group
- AGCO
- Lely
- Vermeer
Highlights of The Haying and Forage Machinery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mowers
- Conditioners
- Tedders
- Balers
- Others
- By Application:
- OEMs
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Haying and Forage Machinery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Haying and forage machinery is a category of equipment used to harvest hay or other crops. Haying machines use a rotating blade to cut the hay, while forage machinery may include shears, sickles, and harvesters.
Some of the key players operating in the haying and forage machinery market are AGCO, CLAAS, CNH Industrial, Deere, Pottinger Landtechnik, Buhler Industries, Iseki, Krone, Kubota, KUHN Group, AGCO, Lely, Vermeer.
The haying and forage machinery market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Haying and Forage Machinery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Haying and Forage Machinery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Haying and Forage Machinery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Haying and Forage Machinery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Haying and Forage Machinery Market Size & Forecast, 2018-2028
4.5.1 Haying and Forage Machinery Market Size and Y-o-Y Growth
4.5.2 Haying and Forage Machinery Market Absolute $ Opportunity
Chapter 5 Global Haying and Forage Machinery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Haying and Forage Machinery Market Size Forecast by Type
5.2.1 Mowers
5.2.2 Conditioners
5.2.3 Tedders
5.2.4 Balers
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Haying and Forage Machinery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Haying and Forage Machinery Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Haying and Forage Machinery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Haying and Forage Machinery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Haying and Forage Machinery Analysis and Forecast
9.1 Introduction
9.2 North America Haying and Forage Machinery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Haying and Forage Machinery Market Size Forecast by Type
9.6.1 Mowers
9.6.2 Conditioners
9.6.3 Tedders
9.6.4 Balers
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Haying and Forage Machinery Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Haying and Forage Machinery Analysis and Forecast
10.1 Introduction
10.2 Europe Haying and Forage Machinery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Haying and Forage Machinery Market Size Forecast by Type
10.6.1 Mowers
10.6.2 Conditioners
10.6.3 Tedders
10.6.4 Balers
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Haying and Forage Machinery Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Haying and Forage Machinery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Haying and Forage Machinery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Haying and Forage Machinery Market Size Forecast by Type
11.6.1 Mowers
11.6.2 Conditioners
11.6.3 Tedders
11.6.4 Balers
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Haying and Forage Machinery Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Haying and Forage Machinery Analysis and Forecast
12.1 Introduction
12.2 Latin America Haying and Forage Machinery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Haying and Forage Machinery Market Size Forecast by Type
12.6.1 Mowers
12.6.2 Conditioners
12.6.3 Tedders
12.6.4 Balers
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Haying and Forage Machinery Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Haying and Forage Machinery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Haying and Forage Machinery Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Haying and Forage Machinery Market Size Forecast by Type
13.6.1 Mowers
13.6.2 Conditioners
13.6.3 Tedders
13.6.4 Balers
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Haying and Forage Machinery Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Haying and Forage Machinery Market: Competitive Dashboard
14.2 Global Haying and Forage Machinery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AGCO
14.3.2 CLAAS
14.3.3 CNH Industrial
14.3.4 Deere
14.3.5 Pottinger Landtechnik
14.3.6 Buhler Industries
14.3.7 Iseki
14.3.8 Krone
14.3.9 Kubota
14.3.10 KUHN Group
14.3.11 AGCO
14.3.12 Lely
14.3.13 Vermeer
